Oxford Sustainable Finance Summit 2022: Session X Climate-related physical risk

Oxford Sustainable Finance Summit 2022: Session X Climate-related physical risk
Chair: Dr Nicola Ranger, Deputy Director, UK Centre for Greening Finance & Investment, Head of Sustainable Finance Research for Development, Oxford Sustainable Finance Group, University of Oxford
Professor Rama Cont, Statutory Professor of Mathematics, University of Oxford
Professor Irene Monasterolo, Professor of Climate Finance, EDHEC Business School
Dr Olivier Mahul, Practice Manager, Crisis and Disaster Risk Finance, World Bank
Adityadeb Mukherjee, Head of ESG, Lloyds Banking Group
Tom Perkins, Catastrophe & Climate Risk Analyst, Bank of England
Summary:
Physical risk is often seen as more remote than transition risk, particularly for wealthier countries. But COVID has taught us that risks can interact in complex ways and cascade globally.
This session will draw upon the evidence on systemic risks related to physical climate shocks, including compound risks and cascading global physical risks. In this session, we will showcase the latest science in this area and identify potential hot spots of risk.